http://www.guardian.co.uk/business/2011/may/31/construction-industry-danger-recession?CMP=twt_gu
Experts warned on Monday that the construction industry could sink deeper into recession as the number of companies unable to pay their debts rose by nearly a fifth in the last quarter, the first rise in two years.
Insolvencies in the construction sector climbed by 19% to 948 in the first three months of the year from 796 in the fourth quarter of last year, according to the accountancy firm Wilkins Kennedy.
Experts warned on Monday that the construction industry could sink deeper into recession as the number of companies unable to pay their debts rose by nearly a fifth in the last quarter, the first rise in two years.
Insolvencies in the construction sector climbed by 19% to 948 in the first three months of the year from 796 in the fourth quarter of last year, according to the accountancy firm Wilkins Kennedy.
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